Sunday, February 13, 2011

Piers Morgan Facebook Interview A Prime Example Of What's Wrong With The Economy


Mark Zuckerberg

The Winklevoss twins, sat for a tedious and terrible interview on CNN's Piers Morgan Show, which was a mess. Piers Morgan’s attempts at playing devil’s advocate, in favor of Facebook’s Mark Zuckerberg, who stole $5 billion in intellectual property from the twins, had him coming across as, well, the devil. I can see why his ratings are in the toilet. No one wants to see that tosh.

As the story goes, Mark Zuckerberg stole the idea and groundwork for Facebook from fellow Harvard students, Tyler Winklevoss, Cameron Winklevoss and Divya Narendra, who had brought brought him into the project, to assist with their idea and framework.

Zuckerberg, was accused in a recent lawsuit of stealing the entire project out from under the trio and running with it. He changed the name from ConnectU to Facebook and went public.

The sordid story is the subject of a top grossing film, "The Social Network" which is said to have made Zuckerberg look very bad. I’ve not seen the film as of the time of this writing, but plan to shortly and will review it here.

Morgan spent the entire interview basically stating "too bad" and he would have done the same thing in ripping them off, if it would have brought him unearned billions in illegal gains. Why is this crook on TV. Never mind, he is encouraging disgraceful behavior from the CNN studios, such conduct is patently illegal domestically and internationally.

An appropriate resolution to the lawsuit would be to have the trio added as co-owners and co-creators of Facebook, with the majority share, but Zuckerberg will not do that of his own volition. It would have to be court ordered and the justice system is too corrupt to do the right thing.

In light of the appalling state of the justice system, one could easily bribe a judge and get away with such criminality, clearly empowering Morgan to believe, such unseemly conduct is permissible human behavior, when it is not. The justice system simply does not work and to Washington’s disgrace in the watching world.

However, the interview once again brought home what has gone wrong with the corporate sector and why the world is currently being crushed under the weight of an unyielding financial crisis. In a word, thievery.

So much stealing and so little creating and hard work is transpiring in swathes of the corporate sector. Gouging has been deemed good. Thievery has been deemed terrific. As a result, the crud, not the cream, has risen to the top and the inmates are now running the asylum. Such fraud based financial failures inevitably lead to human suffering and on a global scale, as we all have witnessed.

A handful of wealthy people got together and said we want to be even richer and basically gouged the American public, in conduct that had unintended negative side effects (see financial crisis), when other nations who had invested in the United States, were burned as well.

Millions lost their jobs and homes worldwide, all over a greed issue that began in the corporate sector that Washington allowed, erroneously believing it was the way to prosperity. Well, all found out the hard way it was not.

A perfect example of this would be using the farming industry, as a made up scenario. If 1,000,000 farmers are entrusted to produce a certain amount of produce and half of them decide to steal from neighboring farms, instead of doing any work, there will be a very noticeable shortage that could crush any nation in a number of ways.

Well, that’s what’s happened in the corporate sector - companies tossed the concept of hard work out the window and resorted to thievery and gouging. Then everything collapsed in 2008, setting the nation back several decades and severely damaging the world in the process.

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